8.25% 25 Year Fixed Closed
Type: Bank
Serviced provinces: All Provinces
RBC provides personal and commercial banking, wealth management services, insurance, corporate, investment banking and transaction processing services on a global basis. RBC employs more than 80,000 full and part-time employees who serve more than 17 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 48 other countries.
Mortgage Features
| Minimum mortgage amount: |
$50,000 |
| Rate guarantee period: |
90 days |
| Max Amortization: |
35 years |
| Allowable lump sum repayment: |
Up to 20% |
| Maximum payment increase: |
Up to 10% |
| Payment Holidays: |
Skip one payment |
| Conventional: |
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| High Ratio: |
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| Assumable: |
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| Portable: |
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Payment Details
| Monthly payment*: |
$718.39 |
| Principal repayment over term*: |
$41,076.47 |
| Interest paid over term*: |
$174,439.59 |
|
* Based on $100,000 mortgage and 35 years amortization.
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